Cuba - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Cuba was 11.08 as of 2020. Its highest value over the past 24 years was 11.39 in 2008, while its lowest value was 10.99 in 2015.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 11.16
1997 11.16
1998 11.16
1999 11.16
2000 11.16
2001 11.16
2002 11.16
2003 11.39
2004 11.39
2005 11.39
2006 11.39
2007 11.39
2008 11.39
2009 11.31
2010 11.31
2011 11.31
2012 11.31
2013 11.31
2015 10.99
2016 10.99
2017 10.99
2019 11.08
2020 11.08

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs